Thornhill fund to grow capital through options

Aiming to return 15%-30%pa, the newly launched Thornhill Premium fund will hold a concentrated portfolio of 15-20 FTSE 100 stocks.

Thornhill Investment Management, a London-based group specialising in discretionary portfolio management for private individuals, has launched the fund with aim to grow capital through the sale of options on the stocks it holds.

It is targeting returns of between 15% and 30%pa in a flat or slightly rising market. Once the holdings have been selected, the managers of t